Shibtoshi: From 37 ETH To $5.7B In SHIB
Shibtoshi turned 37 ETH ($12,765 in 2020) into 104 trillion SHIB, hitting a peak valuation of $5.7B.
The twist? That kind of bag canโt just be dumped - liquidity issues mean careful plays are the only way out.
He scaled up by selling into $100M daily volumes without wrecking the chart, turning memecoin gains into moves like SilentSwap, a decentralized privacy platform.
Now, the ex-poker player-turned-builder proves you can pivot from chasing pumps to building sustainable ecosystems - if youโre playing the long game.
Source: Cointelegraph
@TradoorDub Do thorough, fundamental research before investing. I clearly didn't dig deeply enough into Terra's stability mechanisms.
Have an investment thesis and stick to it. Chasing short-term gains can lead you astray.
@TradoorDub My worst crypto experience happened when I invested in Terra's LUNA token right before its spectacular crash. It wasnโt a very huge amount per se, but it was still significant for me as I wasnโt earning anything at that time.
@TradoorDub However, I learned some valuable lessons from this painful experience:
โขDon't invest more than you can afford to lose in risky assets like crypto. I allocated too much capital to LUNA and didn't properly manage my risk.
@TradoorDub When UST lost its peg to the dollar, it set off a death spiral that brought down the entire Terra project. My investment was essentially wiped out overnight. Needless to say, it was incredibly disappointing to see my money vanish so rapidly.
@TradoorDub As many readers likely know, LUNA and the Terra ecosystem collapsed in May 2022, falling over 99% in value over a few days.
I had researched Terra and believed in the sustainability of its algorithmic stablecoin, UST.
$500 Giveaway, just because.
Like this post and tell me about your worst ever trade, and why. Perps, defi, stocks it doesnโt matter, weโve all been there so letโs hear it.
Will hand pick 1 winner and if you are not already in my premium chat, Iโll throw you in there too.
Excited to announce @Squid_Grow as the main sponsor for Karate Combat 46 in Austin, Texas!
SquidGrow is a champion in the crypto arena, opening the gates to a digital empire.
#KC46#SquidGrow
$TIGER is ready to jump in! ๐ฏ Meet the new meme token on TON that has REAL utility!
It will be a MAIN resource in a future game where you can MINE crypto.
Made by the creator of the hit NFT collection TON Sharks - Pixel God. Fasten your seat belts ๐
#TON#NFT#TONTiger
๐ Skynet's Weekly Top 10 Revealed ๐
Before the $20K CertiK Contest kicks off, letโs celebrate this week's community favorites:
๐ฅ @BlackFortBXN holds the lead!
๐ฅ @MetFi_DAO right behind!
๐ฅ @Squid_Grow in a strong third!
Shout-out to the contenders:
4๏ธโฃ @EagleNetworkApp
5๏ธโฃ @evergrowcoinEGC
6๏ธโฃ @lucrotoken
7๏ธโฃ @elvishmagicpad
8๏ธโฃ @_hamster_coin
9๏ธโฃ @framecommunity
๐ @Befasterfit
Ready for a twist?
Starting May 1st, vote on https://t.co/wzvKc4naoI and boost your project to win $20K in CertiK Security Services.
Will this week's stars keep their place? You decide!
Catapult your top pick to victory with every vote! ๐